Poona Dal and Oil Industries Ltd

Poona Dal and Oil Industries Ltd

₹ 75.8 4.41%
25 Oct - close price
About

Incorporated in 1993, Poona Dal And Oil Industries Ltd manufactures and trades in edible oil and pulses[1]

Key Points

Business Overview:[1]
Company is involved in processing of edible oils (primarily soy bean, palm and sunflower), apart from trading in pulses. It has two facilities at Shikrapur and Kurkumbh, near Pune in Maharashtra. The company has a marketing network across Maharashtra, Karnataka and Goa

  • Market Cap 43.3 Cr.
  • Current Price 75.8
  • High / Low 102 / 55.7
  • Stock P/E 52.1
  • Book Value 97.5
  • Dividend Yield 0.00 %
  • ROCE 1.90 %
  • ROE 1.41 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.78 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -11.7% over past five years.
  • Company has a low return on equity of 2.05% over last 3 years.
  • Working capital days have increased from 64.9 days to 144 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Edible Oil Industry: Solvent Extraction

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Quarterly Results

Figures in Rs. Crores

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
47.23 87.58 66.56 41.16 76.38 34.11 42.88 31.76 27.56 24.58 23.27 22.99 45.87
46.93 87.17 66.26 40.64 75.96 33.78 42.45 31.26 27.24 24.32 23.02 22.58 45.51
Operating Profit 0.30 0.41 0.30 0.52 0.42 0.33 0.43 0.50 0.32 0.26 0.25 0.41 0.36
OPM % 0.64% 0.47% 0.45% 1.26% 0.55% 0.97% 1.00% 1.57% 1.16% 1.06% 1.07% 1.78% 0.78%
0.17 0.28 0.37 0.04 0.01 0.02 0.02 0.07 0.02 0.01 -0.00 0.03 0.06
Interest 0.05 0.01 0.14 0.01 0.03 -0.00 0.01 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00
Depreciation 0.07 0.07 0.07 0.08 0.06 0.04 0.08 0.01 0.05 0.05 0.05 0.11 0.06
Profit before tax 0.35 0.61 0.46 0.47 0.34 0.31 0.36 0.56 0.29 0.22 0.20 0.33 0.36
Tax % 14.29% 18.03% 15.22% 55.32% 17.65% 16.13% 16.67% 21.43% 27.59% 27.27% 20.00% 30.30% 27.78%
0.30 0.50 0.39 0.21 0.28 0.26 0.30 0.44 0.21 0.16 0.17 0.24 0.26
EPS in Rs 0.53 0.88 0.68 0.37 0.49 0.46 0.53 0.77 0.37 0.28 0.30 0.42 0.46
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
364 280 186 251 295 189 183 157 162 243 185 98 117
360 276 183 248 281 188 182 155 160 241 183 97 115
Operating Profit 4 4 3 3 14 1 1 2 2 2 2 1 1
OPM % 1% 1% 1% 1% 5% 1% 1% 1% 1% 1% 1% 1% 1%
2 1 1 1 2 3 17 0 0 1 0 0 0
Interest 2 1 1 1 1 0 1 1 1 0 0 -0 0
Depreciation 1 1 1 1 1 1 0 0 0 0 0 0 0
Profit before tax 4 2 1 2 14 3 17 1 1 2 2 1 1
Tax % 31% 33% 45% 36% 35% 27% 11% 26% 16% 26% 25% 27%
3 2 1 1 9 2 15 1 1 1 1 1 1
EPS in Rs 4.54 2.82 1.31 2.21 16.00 3.92 26.51 1.58 1.91 2.45 2.03 1.37 1.46
Dividend Payout % 20% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0%
Compounded Sales Growth
10 Years: -10%
5 Years: -12%
3 Years: -15%
TTM: -14%
Compounded Profit Growth
10 Years: -7%
5 Years: -4%
3 Years: -11%
TTM: -31%
Stock Price CAGR
10 Years: 15%
5 Years: 22%
3 Years: 13%
1 Year: 32%
Return on Equity
10 Years: 5%
5 Years: 2%
3 Years: 2%
Last Year: 1%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 6 6 6 6 6 6 6 6 6 6 6 6
Reserves 15 17 18 19 28 30 45 45 47 48 49 50
4 -0 12 -0 -0 -0 -0 -0 -0 -0 -0 -0
8 9 1 11 108 1 3 1 1 3 1 1
Total Liabilities 33 32 36 36 142 37 53 53 53 56 56 56
9 8 6 6 5 4 3 3 2 2 2 1
CWIP -0 -0 0 -0 -0 -0 -0 -0 -0 -0 -0 -0
Investments -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0
24 24 30 30 137 33 51 50 51 54 54 55
Total Assets 33 32 36 36 142 37 53 53 53 56 56 56

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
8 -0 -20 26 52 -65 16 -17 -2 12 6 -25
0 -0 0 1 1 3 17 -0 -0 0 1 -0
3 -4 12 -12 -0 -0 -0 -0 -0 -0 -0 -0
Net Cash Flow 12 -5 -7 15 54 -63 33 -17 -2 12 6 -25

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 3 3 6 5 25 11 4 3 4 2 3 4
Inventory Days 7 16 38 14 60 38 13 16 21 19 9 121
Days Payable 7 11 0 14 133 0 0 0 0 2 -0 -0
Cash Conversion Cycle 3 8 44 6 -49 49 17 19 26 19 13 126
Working Capital Days 4 9 54 5 -50 48 17 56 63 26 25 144
ROCE % 25% 15% 7% 11% 51% 8% 4% 4% 4% 4% 3% 2%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
70.38% 70.38% 70.38% 70.38% 70.38% 70.38% 70.38% 70.38% 70.38% 70.38% 70.38% 70.38%
29.62% 29.62% 29.62% 29.62% 29.62% 29.62% 29.63% 29.62% 29.63% 29.62% 29.63% 29.61%
No. of Shareholders 4,9725,1365,6925,5065,4375,3545,3205,2305,2385,1895,1585,160

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